Question: Exercise 2-37 (Static) Basic Concepts (LO 2-1, 2, 6) Lillibridge & Friends, Incorporated provides you with the following data for its single product: Sales

Exercise 2-37 (Static) Basic Concepts (LO 2-1, 2, 6) Lillibridge & Friends, Incorporated provides you with the following data for its single product: Sales price per unit Fixed costs (per quarter): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A ces Number of units produced per quarter $ 50 1,500,000 4,500,000 8 11 9 5 500, 000 units Required: Compute the amounts for each of the following assuming that the production leTels are within the relevant range if the number of units is 500,000 per quarter. Also calculate if the number of units increases to 600,000 per quarter. Note: Round your answers to 2 decimal places. a. Prime cost per unit b. Contribution margin per unit c. Gross margin per unit d. Conversion cost per unit e. Variable cost per unit f. Full absorption cost per unit g. Variable production cost per unit h. Full cost per unit 500,000 units 600,000 units

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